A salesperson is selling the Greenacre Estate. An offer has been accepted, and the clos-ing will take place in two weeks. While the owners are out of town, the buyer asks if the closing can be put off for one day. The sales- person agrees on behalf of the owners, for she is sure they will not object. The salesperson's conduct is

What are the minimum total costs of carrying and ordering inventory for a firm that sells 1,500 units with a carrying cost of $2 per unit and places orders in lots of 100?

A) $430 B) $200 C) $100 D) $400

Assume the Plum Corporation has two different issues of common stock. One issue carries voting rights, and the other issue does not. In this situation, Plum is said to have issued

A) buy-back stock. B) treasury stock. C) OTC stock. D) classified stock.